Temsa sold to Swiss venture capital group
Temsa, the Turkish bus and coach manufacturer, has been sold to venture capital group True Value Capital Partners, a Swiss-based investment fund. Owned by giant Turkish conglomerate Hacı Ömer Sabancı Holding (SA), the Temsa Transportation Vehicles group was nominally valued at 825m Turkish Lira (£111m). The sale was made based on a value of 375m […]